SIF Oltenia S.A.

Board/Management Information • Aug 10, 2015

${\bf S}$ ocietatea de Investiții Financiare ${\bf OLTENIA}$ S.A.

200767, Craiova, Str. Tufănele nr. 1 e-mail:public@sifolt.ro , www.sifolt.ro Tel.: 0251-419.397, 419.398, 419.338, 419.347 Fax: 0251-419.340

Număr Registru C.N.V.M.: PJR09SIIR/160003/14.02.2006 CUI/CIF: RO 4175676 Nr. Reg. Com.: J16/1210/30.04.1993 Capital social: 58.016.571 lei

No. 5731/10.08.2015

Translation from Romanian into English

To: FINANCIAL SUPERVISORY AUTHORITY Financial Instruments and Investments Sector Fax no.: 021-659.60.51

BUCHAREST STOCK EXCHANGE Fax no.: 021-307.95.19

CURRENT REPORT

according to the R.N.S.C. (C.N.V.M.) Regulation no. 1/2006 regarding the issuers and the securities transactions and to the Law no. 297/2004 regarding capital market

Report date: 10.08.2015

Name of the issuer: Societatea de Investiții Financiare OLTENIA S.A. Headquarters: Dolj County, Craiova, 1, Tufănele St., zip code 200767 Phone /Fax: 0251-419.335 / 0251-419.340 Fiscal Registration Code (CIF): RO 4175676 Order number at the Trade Register: J16/1210/30.04.1993 R.N.S.C. (C.N.V.M.) Register Number: PJR09SIIR/160003/14.02.2006 Share capital subscribed and paid: 58,016,571 RON Regulated market on which the issued securities are traded on: Bucharest Stock Exchange - Shares, Premium Tier, (market symbol SIF5)

Important event to report:

Investor Information – amendment to the composition of the Audit Committee of S.I.F. Oltenia S.A.

S.I.F. Oltenia S.A. informs that, according to the provisions of article 153¹⁰ of the Law no 31/1990R, the increase of the number of members of the Audit Committee from 2 to 3 members by co-optation of Mr. Prodan Paul-George, manager, has been approved in the meeting of the Administration Board on 10.08.2015.

Thus, the Audit Committee of S.I.F. Oltenia S.A. has the following composition:

• Busu Cristian – non-executive manager

• Popa Carmen – non-executive manager

• Prodan Paul – George - non-executive manager

There are no other events to report.

Ec. Viorica BĂLAN Internal Control